• State Disbursing
• Cash Management Control System (CMCS)
• Disbursing Accounts
• Federal Funds
• GO Bond and COP Proceeds
• General Fund Monthly Financial Reports
• Tax Compliance
• State General Statutes

Policy: Distribution of Payroll Warrants Drawn on the State Treasurer

Policy Area: Cash Management / State Disbursing System
Effective Date: October 01, 1991

Authority:
General Statute § 143B-426.37 provides that the State Controller shall administer the State disbursing system and General Statute § 143B-426.39(5) provides that the State Controller shall prescribe the manner in which disbursements of the State agencies shall be made.

Policy:
To ensure that payroll funds remain on deposit with the State Treasurer and available for investment until the payroll due date and that funds are on deposit to cover the payroll disbursement, under no circumstances shall a payroll warrant be issued to an employee that would allow the employee to cash the warrant prior to payday. This policy shall apply to all State payroll disbursements.